Asia's largest refiner Sinopec has yet to decide whether to build a $9 billion refinery in Southern China's Zhanjiang by itself or in a joint venture with Kuwait Petroleum Corporation (KPC) and Total.
KPC is keen to gain a

A planned refinery joint venture in southern China between Kuwait Petroleum Corporation (KPC) and Sinopec Corporation is expected to cost between $8 billion to $9 billion, state news agency Kuna cited KPC’s head as saying.
The Kuwait-Chine